Exempt Commercial Markets
Electronic trading facilities providing for the execution of principal-to-principal transactions between eligible commercial entities in exempt commodities may operate as ECMs, as set forth under the CEA and the Commission's regulations. An ECM is subject to anti-fraud and anti-manipulation provisions and a requirement that, if performing a significant price discovery function must provide pricing information to the public. A facility that elects to operate as an ECM must give notice to the Commission and comply with certain information, record-keeping, and other requirements. An ECM is prohibited from claiming that the facility is registered with, or recognized, designated, licensed or approved by, the Commission. A total of 37 ECMs have filed notices with the Commission. In FY 2011, 21 ECMs were in business for at least part of the year; one, however, withdrew its ECM notification during the fiscal year.
| Exempt Commercial Markets | Abbreviation | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
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| Agora-X, LLC | Agora-X |  |
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| Chicago Climate Exchange, Inc. | CCX | |
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| Commodities Derivative Exchange, Inc. | CDXchange | |
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| ChemConnect, Inc. | ChemConnect | |
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| CME ECM Inc. | CME ECM | |
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| DFOX | DFOX | |
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| EnergyCross.com | EnergyCross.com | |
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| EOX Holdings, LLC | EOXLIVE | |
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| Evolution Markets | Evolution Markets | |
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| FCRM Electronic Markets LLC | FCRM | |
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| Flett Exchange | Flett | |
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| GFI Group Inc., EnergyMatch | GFI | |
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| Houston Mercantile Exchange | HMX | |
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| Houston Street Exchange, Inc. | HSE | |
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| ICAP Commodity and Commodity Derivatives Trading System | ICAP | |
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| ICAP Electronic Trading Community | ICAPture | |
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| ICAP Shipping Trading System | ICAP Shipping | |
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| ICAP Truequote Multilateral Trading Facility | ICAP Truequote | |
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| IntercontinentalExchange, Inc. | ICE | |
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| International Maritime Exchange | IMAREX | |
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| Liquidity Partners, LP | Liquidity Partners | |
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| LiquidityPort, LLC | LiquidityPort | |
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| Natural Gas Exchange, Inc. | NGX | |
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| Nodal Exchange, LLC | Nodal | |
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| NetThruPut | NTP | |
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| OILX (TFSOIL) | OILX | |
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| Optionable, Inc. | OPEX | |
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| Parity Energy, Inc. | Parity | |
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| Spectron Live.com Limited | SL | |
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| The TradeCapture Exchange (TFSE) | TCX | |
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| TFSWeather.com | TFSWeather | |
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| tpENERGYTRADE | tpENERGYTRADE | |
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| TraditionCoal.Com | TraditionCoal.com | |
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| Trading OptX LLC | Trading Optx | |
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| TradeSpark, LP | TS | |
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| WorldPulp.com | WORLDPULP | |
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| TOTAL | 17 | 19 | 20 | 27 | 24 | 21 |